
(AmericanProsperity.com) – Democratic Presidential nominee Joe Biden announced Sen. Kamala Harris (D-CA) as his pick for Vice President on Tuesday, August 11. The California senator will join him on the ballot in November, but the two have not always seen eye-to-eye, especially when it comes to a unified stance on healthcare.
During the Democratic party debates, Biden made it clear he supported expanding the Affordable Care Act (ACA), while Harris proposed her own Medicare-for-All plan. Her plan includes a 10-year transition to a single-payer system. Republican Arkansas Senator Tom Cotton made it clear where this plan would lead:
Kamala Harris is sponsoring Medicare for All which bans private health insurance.
If Kamala's bill passes, it will be unlawful for you to get insurance through your job.
Medicare for All means fewer choices, longer waits, and worse care. pic.twitter.com/8WFd3CFypQ
— Tom Cotton (@TomCottonAR) August 12, 2020
To pay for her proposal, Harris would add a 0.2% tax to stock trades, a 0.002% tax to derivative transactions, and a 0.1% tax on bond trades. In short, Wall Street would pay for America’s nearly-universal healthcare. This, however, could make it more difficult for Americans to save for college, retirement, and other large purchases down the road.
Harris’ spending habits don’t stop with Medicare, either. She recently proposed $2,000 monthly stimulus checks and free face masks for all Americans.
We're months into this pandemic with more difficult months ahead. It's absurd for anyone to think another $1,200 payment is going to be enough.@SenMarkey, @SenSanders, and I are calling for $2,000 monthly payments to ensure people can eat, pay bills, and simply survive.
— Vice President Kamala Harris (@VP) August 9, 2020
While the Democratic vice presidential nominee may have good intentions, her plans involve an exorbitant amount of spending that the American people simply should not have to pay for.
~Here’s to Your Prosperity!
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